Facing one of the stiffest luxury tax bills in the NBA for the 2020-21 season, the Warriors' front office did some financial maneuvering ahead of Thursday's trade deadline.
The reported trades of Brad Wanamaker and Marquese Chriss for cash considerations and half-decade old draft rights save the Warriors $11 million against their upcoming luxury tax bill, ESPN's Bobby Marks reported Thursday.
As Marks also added, the Warriors also created two new trade exceptions at $2.25 million and $1.8 million. The Warriors also still have the $9.3 million Disabled Player Exception from the loss of Klay Thompson for the season.
Neither of those exceptions could fetch the Warriors much more than a minimum salary or cheap veteran player, but they could come into play this offseason when the team is looking to re-tool with Thompson finally expected to return to the fold in 2021-22.
Two additional roster spots could allow the Warriors to either give two-way players Juan Toscano-Anderson and Nico Mannion full NBA deals, or persue what is shaping up to be a talented group of veterans on the buyout market.
The Warriors ended up holding on to swingman Kelly Oubre past Thursday's trade deadline, despite plenty of rumored interest in the forward. Oubre's addition to the Warriors' roster in November in the wake of Thompson's injury was a costly one, as Marks reported in December that the organization's luxury tax bill would be $147 million, a staggering $88 million more than the next-closest franchise (Brooklyn Nets).
Marks reported Thursday that if the Warriors end up choosing to re-sign Oubre, who will be an unrestricted free agent at the end of the season, it could add upwards of $80 million to that tax bill.
Warriors CEO Joe Lacob has made it no secret that he is willing to spend what it takes to put a winning team out on the court.
We will find out this offseason just how much the front office is willing to leverage in order to ensure the Warriors can regain their footing atop the Western Conference next season, with the Splash Brothers leading the charge.